4 May 2023
Ruapehu Alpine Lifts Limited v FISK and Anor [2023] NZHC 1053
- Citation
- [2023] NZHC 1053
- Court
- High Court
The Court granted a limited further extension of the convening period to 13 June 2023 and extended the s239Y termination notice period to the same date because the administrators demonstrated that the administration is complex, a sale as a going concern was likely to maximise returns, the Crown required time to finalise restructuring bids and would fund to 13 June, the Creditors' Committee supported the extension, prejudice to creditors and employees was limited, and the broad power in s239ADO permits procedural adaptations consistent with Part 15A's objectives; accordingly the Court also app…